Videocon Telecom, part of the diversified $4 billion Videocon Group, is planning to offer the next generation mobile telephony and data services at rates similar to 2G service tariff in Gujarat. The company is planning to launch trials of the 4G LTE FDD on 1800 mhz in Gujarat around the festive season of Diwali before deciding on a formal launch.
Moreover, in a bid to prepare for the 4G launch in Gujarat, the company is planning to invest around Rs 400 crore primarily on Network, IT and 4G LTE FDD roll out. Separately, the investment will see the company adding 730 more cell towers to the current number of 4103 towers in the state of Gujarat.
Videocon Industries, established two decades ago, is a global conglomerate. Videocon’s businesses consist of manufacturing, marketing and distribution of consumer electronics products and oil & gas extraction.